2024-10-22 Cordyceps Sunshine HaiPress
TAIPEI,Oct. 22,2024 -- Cordyceps Sunshine Biotech Holdings Co.,Ltd. 【C.S】Group,recognized for its expertise in cultivating the rare medicinal fungus Taiwanofungus,native to Taiwan,has reached a significant milestone by uplisting to the OTCQB market.
Top - 【C.S】Group's flagship Taiwanofungus retail brand in Taiwan
Aiming for a Future Nasdaq Listing
The transition to the OTCQB represents an important initial achievement for 【C.S】Group. While OTC Markets generally offer lower trading volumes compared to more centralized exchanges,the OTCQB serves as a strategic entry point for companies with ambitions to meet the criteria for future uplisting to major exchanges like Nasdaq. Known for hosting emerging companies,OTC Markets also includes several global giants such as Roche,Bayer,Nestlé,and Allianz,which adds to its diverse ecosystem.
The OTC Markets is segmented into three tiers: OTCQX,OTCQB,and the Pink Market,with OTCQB and OTCQX requiring compliance with SEC registration and consistent financial disclosures in accordance with the U.S. Securities Exchange Act of 1934. By advancing to OTCQB,【C.S】Groupshowcases its dedication to maintaining transparency and adhering to U.S. regulatory standards,positioning the company for continued growth.
Strategic Vision and Market Expansion
【C.S】Group's move to OTCQB reflects its readiness to align with the financial transparency and regulatory requirements of U.S. capital markets. Utilizing its proprietary cultivation technology,【C.S】Grouphas achieved large-scale production of Taiwanofungus,with major facilities established in Taiwan. This enables the company to cater to the increasing demand for herbal and medicinal products across the Asia-Pacific region. With a strong foundation in place,【C.S】Groupexpects to realize significant revenue growth and is preparing for a potential Nasdaq listing in the future,further enhancing its market presence and global reach.
Origin Agritech Establishes Biotechnology Service Consortium to Accelerate Licensing and Commercialization of GMO and Gene Editing Technologies
Global Times: Expanding list shows BRICS' unique appeal in 'openness, inclusiveness, fairness and justice'
U Power and Ualabee Join Forces to Bring Innovative Battery-Swapping Solutions to South America's Ride-Hailing Market
JinkoSolar's Subsidiary Jiangxi Jinko Proposed to Offer and List up to 1,000,519,986 A Shares in the Form of GDRs on the Frankfurt Stock Exchange in Germany
Neuberger Berman Private Markets, EQT and CPP Investments Form Consortium to Acquire Leading International Schools Organization Nord Anglia Education
VEHERE NAMES ALVIN TAN AS SOUTHEAST ASIA BUSINESS HEAD TO LEAD STRATEGIC EXPANSION IN THE REGION
©copyright 2009-2020 coinnews.vip